HCS/HB 891 - This act authorizes a tax credit, for a business employing a disabled worker, to be taken against such company's corporate income tax; corporate franchise tax; financial institutions tax; or bridge, express, and public utility company tax. Individual taxpayers are excluded from this tax credit. The amount of the credit is based on the disabled employee's average hours worked per week in the taxable year. If the average is at least ten hours, the credit will be one thousand dollars per disabled employee; fifteen hundred dollars if the average is at least twenty hours; and three thousand dollars if the average is at least forty hours. The credit cannot be refunded, carried over, or transferred. The provisions of the act will expire six years from the effective date unless re-authorized. JASON ZAMKUS
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